【SLVEST 0215 交流专区】

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY")- UPDATE ON THE MEMORANDUM OF UNDERSTANDING BETWEEN NCT LAND SDN. BHD. AND THE COMPANY
Reference is made to the Company’s announcements made on 20 July 2022, 29 August 2022, 29 November 2022, 27 February 2023, 25 May 2023, 22 August 2023, 29 November 2023, 2 February 2024, 28 February 2024 and 30 May 2024. The Board of Directors of Solarvest (“the Board”) wishes to update the status of the Memorandum of Understanding ("MOU") dated 20 July 2022 between Solarvest and NCT Land Sdn. Bhd., as follows:- 1. INTRODUCTION The Board wishes to announce that Solarvest Energy Sdn. Bhd. (“SESB”), a wholly-owned subsidiary of Atlantic Blue Sdn. Bhd., a 100%-owned subsidiary of the Company had on 14 August 2024, entered into a Strategic Collaboration Agreement (“Agreement”) with NCT Smart Management Sdn. Bhd. (“NCT”) in relation to the installation of a solar photovoltaic energy generating system (“Solar System”) on the rooftops of the buildings (“Premises”) for the Developer’s end-purchasers of Phase 1 of the Project (“End Users”) to generate and supply solar photovoltaic energy to the respective buildings, promoting the use of renewable energy within the industrial park (“Project”). (SESB and NCT shall hereinafter be collectively referred to as “Parties” and individually as “Party”). 2. INFORMATION ON NCT NCT is principally engaged in providing management and maintenance services for an industrial park within a project provisionally known as NCT Smart Industrial Park @ Kuala Langat developed by NCT Land Sdn Bhd (Registration No. 200401005146 (643649-U)), a company incorporated in Malaysia and having its registered and business address at Menara NCT, No. 2, Jalan BP 4/9, Bandar Bukit Puchong, 47100 Puchong, Selangor (“Developer”), in compliance with the concept of “Managed Industrial Park” (“MIP”) in the State of Selangor pursuant to the guidelines known as “Garis Panduan Pembangunan Taman Perindustrian Berkonsepkan ‘Managed Industrial Park’ Negeri Selangor” (“MIP Guidelines”). 3.DETAILS OF THE AGREEMENT 3.1 SESB shall, upon request and at the cost and expense of the End Users, provide comprehensive turnkey services for the design, engineering, procurement, supervision, labor, materials, equipment, tools, installation, construction, and commissioning of the Solar System at the Premises. These services will be based on the specific requirements of the End User's electricity consumption and the terms of the contract to be entered into. 3.2 SESB retains the exclusive right to plan, design, develop, build, and complete the Solar System for the Project and to provide the generated solar energy to End Users under two options: Outright Purchase by the End Users and Power Lease to the End Users. 3.3 Solar System shall be delivered and installed within six to eight months from either the Notice to Proceed from the End Users for an Outright Purchase or the signing of the SARE and the Notice to Proceed for a Power Lease. 3.4 SESB guarantees that the service and maintenance of the Solar System shall be performed at its own cost during the agreed service period. 4. RISK FACTORS The Company does not foresee any exceptional risk other than the normal operational risks associated with the Agreement and/or Project. Nevertheless, the Company will take the necessary steps to mitigate the risks as and when they occur. 5. FINANCIAL EFFECTS The Agreement by itself is not expected to have any material effect on the net assets and earnings of the Company for the financial year ending 31 March 2025, however, once Developer successfully securing End Users for the Premises, it is expected that the Agreement will contribute positively to the future performance of the Company. 6. APPROVAL REQUIRED The Agreement is not subject to the approval of shareholders and any other relevant authorities. 7. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders of Solarvest or any persons connected with them have any interests, direct or indirect, in the Agreement. 8. STATEMENT BY THE BOARD OF DIRECTORS The Board, having taken into consideration all aspects of the Agreement, is of the opinion that this Agreement is in the best interest of Solarvest Group. This announcement is dated 14 August 2024.

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY")- UPDATE ON THE MEMORANDUM OF UNDERSTANDING BETWEEN NCT LAND SDN. BHD. AND THE COMPANY
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company’s announcement dated 14 August 2024) Reference is made to the Company’s announcement dated 14 August 2024 in relation to the Update on the Memorandum of Understanding between NCT Land Sdn. Bhd. and the Company. The Board wishes to further clarify the following additional information below:- INFORMATION ON NCT 1) NCT Land Sdn. Bhd. and NCT Smart Management Sdn. Bhd. are subsidiaries of NCT World Sdn. Bhd., which is indirectly owned by Dato’ Sri Yap Ngan Choy (80%) and Dato’ Yap Fook Choy (20%). 2) The major shareholder of NCT Smart Management Sdn. Bhd. is NCT World Sdn. Bhd., which holds 100% of the shares. Indirectly, the major shareholders are Dato’ Sri Yap Ngan Choy (80%) and Dato’ Yap Fook Choy (20%). 3) The directors of NCT Smart Management Sdn. Bhd. are Dato’ Sri Yap Ngan Choy and Dato’ Yap Fook Choy. This announcement is dated 15 August 2024.

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - JOINT VENTURE AGREEMENT ENTERED BETWEEN SOLARVEST ENERGY SDN. BHD.("SESB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND AGMO CAPITAL SDN. BHD.("ACSB")
The Board of Directors of Solarvest (“the Board”) wishes to announce that Solarvest Energy Sdn. Bhd. (“SESB”), a wholly-owned subsidiary of Altantic Blue Sdn. Bhd., a 100% owned subsidiary of the Company, had on 20 August 2024 entered into a Joint Venture Agreement (“JVA”) with Agmo Capital Sdn. Bhd. ("ACSB”) to collaborate in establishing a business focused on the production and development of digital solutions in the clean energy sector (“Business”). The JVA outlines their mutually agreed rights and obligations in relation to the conduct of the Business, affairs and operation of a company to be incorporated by the Parties (“JV Company”), upon the terms and conditions set out in the JVA. Further details of the above are set out in the attachment. This announcement is dated 20 August 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3474685

Attachments Solarvest_Joint Venture with Agmo Capital Sdn Bhd.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	72,651	143,389	72,651	143,389
2	Profit/(loss) before tax	11,270	9,420	11,270	9,420
3	Profit/(loss) for the period	8,351	6,584	8,351	6,584
4	Profit/(loss) attributable to ordinary equity holders of the parent	7,841	6,701	7,841	6,701
5	Basic earnings/(loss) per share (Subunit)	1.15	1.00	1.15	1.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4000		0.3500

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD (SOLARVEST OR THE COMPANY)-        LETTER OF AWARD FROM P SOLAR SDN. BHD. TO ATLANTIC BLUE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Board of Directors of Solarvest (“the Board”) wishes to announce that its wholly-owned subsidiary, Atlantic Blue Sdn. Bhd. (“ABSB”), had on 3 September 2024 accepted the letter of award (“LOA”) awarded by P Solar Sdn. Bhd. (“PSSB”) in respect of design, engineering, procurement, construction and commissioning ("EPCC") for the development of a 29.99 megawatts (MV) Photovoltaic (PV) Facility under the Corporate Green Power Program ("CGPP") ("Project") on the site located at HSD5348, PT 3599 & PN29787 Lot 22399, Mukim Pekan, Daerah Bebar, Negeri Pahang Darul Makmur ("Works"). (ABSB and PSSB shall hereinafter be collectively referred to as “Parties” and individually as “Party”). Further details of the above are set out in the attachment. This announcement is dated 3 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480789

Attachments LOA PSSB-ABSB (Final).pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	135,396	112,401	311,952	395,693
2	Profit/(loss) before tax	20,037	15,151	46,236	34,362
3	Profit/(loss) for the period	15,359	11,078	33,169	24,825
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,374	10,650	31,409	24,532
5	Basic earnings/(loss) per share (Subunit)	2.01	1.59	4.49	3.67
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.4500		0.3500

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY")-LETTER OF AWARD FROM TNB KUALA MUDA SOLAR SDN. BHD. TO ATLANTIC BLUE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Board of Directors of Solarvest (“the Board”) wishes to announce that its wholly-owned subsidiary, Atlantic Blue Sdn. Bhd. (“ABSB”), had on 17 March 2025 accepted the letter of award (“LOA”) awarded by TNB Kuala Muda Solar Sdn. Bhd. (“TKMS”). The LOA was awarded through a competitive bidding process for for the Engineering, Procurement, Construction and Commissioning Works for Solar Facility (Package 6) (“EPCC works”) which involves the development of 500MWac Large-Scale Solar Photovoltaic Plant under the fifth large scale solar program ("LSS5") on the site located at Bukit Selambau, Kedah (“Site”) (“Project”) Further details of the above are set out in the attachment. This announcement is dated 17 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3535550

Attachments LOA -TNB x ABSB.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY")-        SIGNING OF LARGE-SCALE SOLAR PHOTOVOLTAIC POWER PURCHASE AGREEMENT WITH TENAGA NASIONAL BERHAD
The Board of Directors of Solarvest (“the Board”) wishes to announce that its 60%-owned subsidiary, Nextree Synergy Sdn. Bhd. (“NSSB”), had on 17 March 2025 signed the Power Purchase Agreement ("PPA") with Tenaga Nasional Berhad ("TNB") for the purpose of development and operation of solar photovoltaic energy generating facility under the fifth large scale solar program ("LSS5") ("Project"). (NSSB and TNB shall hereinafter be collectively referred to as “Parties” and individually as “Party”). This announcement is dated 19 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3535731

Attachments PPA_Nextree_TNB_final.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY")-ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING CONTRACT WITH SV FLUX SDN. BHD. AND ATLANTIC BLUE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Board of Directors of Solarvest (“the Board”) wishes to announce that its wholly-owned subsidiary, Atlantic Blue Sdn. Bhd. (“ABSB”), had on 26 March 2025 entered into Engineering, Procurement, Construction and Commissioning Contract (“EPCC Contract”) with SV Flux Sdn. Bhd. (“SFSB”). This EPCC Contract entails the construction of solar photovoltaic energy generating facility with a capacity of 29.99 MWac located at the Lot 1388, Lot 1390, Lot 1391, Lot 2010, Lot 2011, Mukim 11 Daerah Seberang Perai Selatan, Pulau Pinang (“Site”). (ABSB and SFSB shall hereinafter be collectively referred to as “Parties” and individually as “Party”). This announcement is dated 26 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3538063

Attachments EPCC -SFSB x ABSB.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2025

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2025	31 Mar 2024	31 Mar 2025	31 Mar 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	224,867	96,904	536,819	497,025
2	Profit/(loss) before tax	27,932	12,370	74,168	47,182
3	Profit/(loss) for the period	20,171	8,766	53,340	34,062
4	Profit/(loss) attributable to ordinary equity holders of the parent	20,531	7,727	51,940	32,628
5	Basic earnings/(loss) per share (Subunit)	2.82	1.15	7.35	4.88
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.4900		35.0000